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>>> rupert murdoch says the phone hacking scandal is not ultimately his fault. this hour, the rivetting testimony about the broken trust, the shattered ethics and those who should pay for alleged crimes. stand by. hackers say they turned the tables on murdoch's company, tap into internal e-mail and other corporate secrets. they're threatening to go public with what they found. and president obama embraces a bipartisan compromise that could potentially, at least, be a way out of looming debt crisis. he's urging house republicans not to waste their time on a symbolic vote due to happen very soon. i'm woft blitzer here in "the situation room." >> rupert murdoch says this is the most humble day of his life. a titan of news business, he was called on the carpet before the british parliament today over the phone hacking scandal that shocked and afalled the world. along with a son and former chief executive, murdoch was hammered with questions about alleged crimes that brought down his popular tabloid, "the news of the world." >> we felt ashamed of what had happened and wanted t
in a moment here. let's start with this. rupert murdoch and his son were supposed to be the focus of a british parliament hearing today in london but they were upstaged momentarily by an intruder who somehow managed to get very, very close to the murdochs, too close as you're about to see. watch. so no official word yet as to who exactly that guy in the plaid shirt was. we know he was shouting you greedy billionaire, but he pushed a plateful of shaving cream into rupert murdoch's face before he was grabbed, first by his wife, if you watch it, not in this shot but you can see she was wearing that bright pink jacket, and then by authorities. they did take a quick break. he then continued jacket off to answer questions before parliament's committee on media, culture and sports. so the members wanted to know this, how much did rupert murdoch and his top executives know about the phone hacking by reporters on his payroll, how closely he followed day-to-day operations. the newspaper closed because of this whole thing. and how responsible he feels about this entire affair. >> do you accept that ultim
criticized for their ties to news corp. chairman rupert murdoch and the people who run his london media operation. >> the public expects is not petty political point scoring but a -- what they want, what they deserve is concerted action to rise to the level of events and pledge to work together to sort this issue out once and for all. and it is in that spirit that i commend this statement to the house. >> in this country, a new debt ceiling compromise seems to be getting traction in washington. six senators, three republicans, and three democrats are offering a plan to cut the nation's debt by about $3.7 trillion over the next decade. it includes spending cuts and about a trillion dollars in new tax revenue. republicans have insisted on deep cuts and no tax increases before they'll agree to raise the country's borrowing limit. that debt ceiling deds line is now just 13 days away. minnesota's three-week government shutdown is over. democratic governor park dayton signed a budget bill today. he and republican lawmakers finally agreed to use accounting gimmicks to close the state's $5 bill
. >>> two weeks before the united states may plunge into financial crisis. plu, media mogul rupert murdoch is just hours away from being grilled and lambasteds by british law makers and now a whistleblower in the growing phone hackl scandal reportedly is dead. and a 77-year-old man defends his home and family from an intruder with a gun. stand by for the dramatic story. that's even more compelling because -- get this -- he's a member of the united states congress. i'm wolf blitzer. you're in "the situation room." >>> the u.s. defaulting on its debt for the first time in history? we can't state it enough, this has enormous consequences for all of us, and time is quickly running out to prevent what the president calls armageddon. let's check in with kate baldwin. she's standing by with the latest. where do the negotiations stand right now? >> the two top republicans in the house. no official readout from the white house, but president obama says we are making progress when asked today by reporters how the debt talks were going when he was leaving an event in the rose garden. on the part of s
that brought down -- that is bringing down parts of rupert murdoch's news empire. i'll get you more on that in just a moment. i wish i could say there's big news about the debt ceiling talks. i can't tell you that. there's more drama than dealing going on in d.c. right now. a fifth round of talks is set for today. but yesterday didn't go so well. house republicans called for a short-term extension and house majority leader eric cantor says this is what the president said in response. quote, don't call my bluff, eric. and then he walked out a few minutes later. president obama said all along he'd veto any short-term measure. ed administration says failure to raise the $14.3 trillion debt ceiling by august 2nd could trigger a partial default on the part of the united states. thanks to that debt ceiling issue and the possibility of default you're on notice. i'm on notice. everyone from maine to san diego is on in. moody's investor services, the debt rating agency plans to review the nation's aaa bond rating and might downgrade it from stable to negative. standard & poors has the u.s. b
. >>> media baron rupert murdoch has abandoned his attempt to take over bskyb. it was dropped after all the parties in parliament called on murdoch to dump his plans to pursue it. at least four members of the u.s. congress want the government to investigate whether u.s. citizens were victims of phone hacking by murdoch's media outlets. international journalists were attempted to hack into the phone messages of 9/11 victims. > ruling party officials say mr. salih will go back after he's 4 surgery. >>> those are the headlines. those are the headlines in cnn in london. "world business today" starts now. >>> very good morning to you from cnn rome. >> and good afternoon from cnn hong kong. i'm pauline chu and this is "world business today." these are the top stories on this thursday, july 14th. running on empty and running out of time on both sides of the atlantic. there's a tense stalemate in washington as lawmakers fail yet again to head off the looming debt default. >>> meanwhile, italy races to push through austerity measures and restore confidence in the country's economy. >>> plus, rup
as the son of rupert murdoch comes under scrutiny. scotland yard was urged to open a criminal investigation into claims that the news corp. lied to parliament. this after a day of two former employees accused murdoch of giving mistaken evidence. he was the one hammering away at both murdochs about what they knew and when they knew it, and tom watson joins us from london. thank you so much for being here. you say this is the most significant moment in two years of phone hacking investigations, and it all centers on an e-mail involving an ex-news of the world reporter. explain. >> yes, the significance of this is the top team of news of the world are fragmenting. for the former lawyer to accuse murdoch of misleading parliament is serious in itself, and if he is accurate, and james murdoch disputes it, but if the lawyer is accurate it shows that james murdoch knew there was other criminal wrong doing in 2008, and failed to report it to the police, and he also settled a case with a crime victim that came with a con ffidentiality clause, and he could have been buying silence, which in this count
international and news corp. news international, the british arm of rupert murdoch's news corp. rebecca brooks, editor of "news of the world" when this phone hacking situation, scandal had happened. and along with andy coulson, she is a close friend of the british prime minister. so now many people are asking questions about whether or not david cameron himself knew what was going on. christine? >> unbelievable. i guess it wasn't good, old-fashioned shoe leather after all for the amazing scoops. stick around and weigh in on this one -- britain's launching a controversial lottery next month that's been dubbed "win a baby." the prize -- not a child but fertility treatment worth about $40,000. critics say this is inappropriate. it is demeaning. but the gambling commission has already okay'd the contest. >> it was announced yesterday that the charity called to hatch announced this lottery, this raffle if you will, for about $35 or $40. you can buy a ticket that will entitle you to some $40,000 worth of fertility treatments. just to give you an idea, though, people who are under the national health
surrounding today's liftoff. and what's next for nasa. and the political cloud over rupert murdoch's media empire in britain and here in the u.s. it's under scrutiny right now after a new arrest in an exploding scandal. [ male announcer ] this...is the network -- a network of possibilities. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all the things you want, whenever you want them. it's the at&t network... and what's possible in here is almost impossible to say. ♪ you are my sunshine ♪ my only sunshine ♪ you makes me happy ♪ when skies are grey ♪ you'll never know, dear ♪ how much i love you ♪ please don't take my sunshine away ♪ [ male announcer ] as long as there are babies, they'll be chevy's to bring them home. ♪ the authentic, the rare, the hard to define. to those always searching for what's pure and what's real
and the seat is waiting. hours from now, rupert murdoch and his inner circle are set to face tough questions about the media empire's hacking scandal. >> order! >> find out what to expect. plus, casey anthony vanishes after walking free. >> caylee! caylee! >> but is it truly possible for anyone to just disappear? sunny hostin is on the case. and the president picked her to create an agency designeded to protect consumers. but when it opens for business, elizabeth warren won't be in charge. in fact, she won't even be involved. joe johns has the "political pop." >>> and welcome back. hour two, house republicans set to vote tomorrow on a plan to balance the federal budget. look, a lot of folks are saying it's political theatre, wasting valuable time as the clock continues to tick, tick, tick, toward a potential government default. we think hey, let's take a look at what's being proposed here. to help me do that, mark zandy, h he's a chief economist for moody's. we hear a lot of times about the stellar aaa rating. we are awaiting, as i mentioned the fine print on this republican legislation. but
. >> the news we're just getting in may not be good for the rupert murdoch empire. word now that the fbi is looking into the whole hacking scandal. the scandal now of news international, started in great britain, but it has now a chance to possibly make it over to the united states, but we have confirmed through the fbi that they are now, law enforcement sources, that the fbi is now looking no this hacking scandal in which journalist who worked for news international and tabloids over in great britain possibly tried to hack into the phone numbers of 9/11 victims and possibly some other u.s. citizens, so now this scandal that started over in great britain has a chance to make it to the united states and the fbi it appears right now is getting involved. we'll have much more on this still developing story throughout the next couple of hours here on cnn. also coming up for you this hour, the man accused of killing and mutilating an 8-year-old boy is arraigned in court. the charges, first-degree kidnapping and first-degree murder. we will take you there coming up, and adarandi kaye just menti
. >>> plus, you remember this moment here? here you go. the pie in the face of rupert murdoch at last week's phone-hacking hearing. well, the funny guy who threw the pie, not laughing today in court, but apparently he is still cracking jokes. well-being. we're all striving for it. purina cat chow helps you nurture it in your cat with a full family of excellent nutrition and helpful resources. purina cat chow. share a better life. the eagle flies at dawn. the monkey eats custard. price-line ne-go-ti-a-tor. so, you've been double crossed by other travel sites and now you want to try the real deal. yes, is it true that name your own price... ...got even easier? affirmative. we'll show you other people's winning hotel bids. so i'll know how much to bid... ...and save up to 60% i'm in i know the lady in leather travels on three wheels. wait, is that code? that's my secret weapon... ...naomi pryce see winning hotel bids now at priceline. the chevy cruze eco offers an epa estimated 42 miles per gallon on the highway. how does it do that? well, to get there, a lot of complicated engineering goes i
.s. >>> and a british man through a shaving cream pie at rupert murdoch. he admitted to throwing the pie as murdoch testified about the phone hacking scandal. >>> tiger woods is returning to the lynx. this will be woods' first tournament since he with draw from a tournament in may due to an injured knee and strained tendon. >>> they call them narco movies, and for some it's just a little too realistic. rafael romo takes a closer look. >> reporter: they had become accustomed to hitmen and drug lords paraded in front of the camera for all the world to see. it's the on going conflict between cartels and the mexican government has left has many as 40,000 dead in the last four years. this shocking reality has made it's way on the big screen with a new genre called narco movies. in this movie called "high-powered people," a drug lord and an associate discuss alliances. the violence in their movies pales in comparison to reality. >> translator: we're not even close to reflecting reality. can you call our movies soft because we don't show as much blood and killings. we just try to give people what they wan
that journalists working for rupert murdoch's news corp. tried to hack their phones. >>> a bit of good news for the job market today. the number of first-time applicants for unemployment benefits fell below 400,000. it is the first time that's happened, in case you're keeping track, since early april. >>> the august 2nd deadline looms, but is a default as bad as it really sounds? find out next in this week's "q&a." ♪ ♪ look at that car, well, it goes fast ♪ ♪ givin' my dad a heart attack ♪ [ friend ] that is so awesome. ♪ i love my car [ engine revving ] [ male announcer ] that first chevy, yea, it gets under your skin. ♪ man on tv: ...rbis and 36 homers. swings at the first pitch and fouls it deep back into the stands. [ding] [fans whirring] announcer: chill raw and prepared foods promptly. one in 6 americans will get sick from food poisoning this year. check your steps at foodsafety.gov. >>> so we all know defaulting on a personal loan is widely seen as negative, but does the same logic hold true for our country? our resident business experts ali velshi and richard quest tac
Search Results 0 to 13 of about 14

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